The idea that drawing lines on a chart can make you money has been a matter of contention for years. But the fact remains that those lines are quite helpful.
You see, the key to the lines’ effectiveness lies entirely in its popularity among large audiences of traders. We’re talking about thousands, if not millions of traders looking for these very opportunities based on nothing more than support and resistance.Read More
Over the last 22 years, I’ve heard countless arguments for and against fundamental and technical analysis. While neither is perfect, they both have strengths we can capitalize on.
Fundamental analysis shows us what’s under the hood.
At its very core, it helps us arrive at a stock's intrinsic value. It helps us see:Read More
Marijuana stocks, which exploded on midterm election results, got another big boost on news Jeff Sessions was forced out as attorney general.
You may remember Sessions was a major foe for the industry, moving to end a policy that allowed states to make their own decisions on marijuana.Read More
When bungee jumpers plummet off a bridge, what happens?
They pop back up, right?
The very same thing happens with stocks when they become too overbought or oversold. And if we can position ourselves for the exact moment the “snap back” happens, we can make money. And it’s actually quite easy to spot.Read More
One of the best ways to become a great trader is to try new things.
Unfortunately, there’s no such thing as a perfect strategy. But if you’re willing to trade outside of the box, if you will, you can become a better trader.Read More
When it comes to technical analysis, moving averages are essential.
For example, for more than 20 years, I’ve relied on two specifically – the 50-day and the 200-day simply moving average.Read More